Facebook shareholders have filed a class-action lawsuit in the United States and are seeking class-action status in Israel.

Facebook shareholders have filed a class-action lawsuit in the United States and are seeking class-action status in Israel. The lawsuit, filed in the Northern District of California in the United States and filed for class action status with the Tel Aviv District Court in Israel, claims that Facebook lied in its reports to investors and hid a decrease in the use of its platform by young users. The shareholders claim that the company misled them with false statements that hid a decline in use by young users and caused them financial losses due to a sharp decline in the value of the company's shares.